Monetary policy

With uncertainty about the tools used to measure the economy, Federal Reserve Board Vice Chair for Supervision Randal Quarles said Thursday, it is important to map out a monetary policy strategy and stick to it.

A modernized version of the Taylor rule suggests keeping the fed funds rate target near current levels through 2021, Federal Reserve Bank of St. Louis President James Bullard said Thursday.

Federal Reserve officials stepped deeper into a debate over how high to push interest rates, with a majority appearing to favor an eventual and temporary move above the level they deem neutral for the economy in the long run.

President Donald Trump called the Federal Reserve his “biggest threat,” again criticizing the central bank for endangering economic growth through interest-rate hikes.

In her first remarks as a monetary policy maker, Federal Reserve Bank of San Francisco President Mary Daly said that she favors continued gradual interest-rate increases as the labor market overshoots full employment and inflation comes in near-goal.

A flattening yield curve increases the risk of a recession, and research by the Federal Reserve Bank of San Francisco suggests a one-in-three chance the yield curve inverts by yearend.

Janet Yellen cautioned that Donald Trump’s criticism of Federal Reserve policy threatens the institution she ran for four years, adding that it’s “not a desirable thing for a president to comment so explicitly on Fed policy.”

John Taylor, once considered a finalist to run the Federal Reserve, played down concerns that President Donald Trump’s criticism of the U.S. central bank would undermine the institution’s independence.

This month’s bond-market slump hasn’t jolted the majority of Wall Street strategists from one core view: that the Treasuries yield curve will keep flattening well into next year.

With upside and downside risks balanced, Federal Reserve Bank of Kansas City President Esther George said Thursday, gradual rate hikes remain appropriate.

President Donald Trump said the Federal Reserve is moving too fast with interest-rate increases and dismissed concerns about inflation.

U.S. interest-rate increases will help reduce risk-taking in financial markets, Federal Reserve Bank of New York President John Williams said.

The better-than-expected growth rates in the U.S. economy are set to dissipate unless productivity picks up, Federal Reserve Bank of St. Louis President James Bullard said.

The Federal Reserve should continue to move to a neutral policy rate, Federal Reserve Bank of Atlanta President Raphael Bostic said, but said he may have underestimated demand.

The Federal Reserve will continue to raise interest rates at a gradual pace in order to extend the economic recovery while keeping inflation in check, Chairman Jerome Powell said.

President Trump won’t get Federal Reserve policymakers to call off their credit tightening campaign, former Fed Vice Chairman Stanley Fischer said.

Federal Reserve Bank of Philadelphia President Patrick Harker wants the central bank to take its time in hiking to avoid inverting the yield curve.

Chicago Fed President Charles Evans says he’s “quite comfortable” with the prospect of another interest-rate hike in December.

Federal Reserve Bank of Boston President Eric Rosengren said the Fed should keep raising rates until it’s in “mildly restrictive” territory.

As the U.S. economy remains strong, Federal Reserve Bank of New York President John Williams urged continued gradual rate increases